Brightstar Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Brightstar Technology Group has a total shareholder equity of HK$289.0M and total debt of HK$40.6M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are HK$404.7M and HK$115.7M respectively.
Key information
14.0%
Debt to equity ratio
HK$40.57m
Debt
Interest coverage ratio | n/a |
Cash | HK$12.03m |
Equity | HK$289.01m |
Total liabilities | HK$115.68m |
Total assets | HK$404.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8446's short term assets (HK$214.9M) exceed its short term liabilities (HK$108.7M).
Long Term Liabilities: 8446's short term assets (HK$214.9M) exceed its long term liabilities (HK$7.0M).
Debt to Equity History and Analysis
Debt Level: 8446's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 8446's debt to equity ratio has increased from 6.5% to 14% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8446 has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8446 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3.9% each year